Over the past five years, Bitcoin has grown from an experiment in digital cash to a vibrant, global economy supporting multi-million dollar companies with a market cap of $10 Billion. “While the road has been bumpy, and quite a rollercoaster ride, it is still nascent and holds immense promise to change the world in unprecedented
Standard Bank Group shows the best financial health of all the financial institutions on the African continent, according to The Banker Top 1000 World Banks 2014 rankings. They top the list in Africa with Tier 1 capital of US$10.57-billion and pre-tax earnings of US$2,9-billion. However, the list also shows that they slipped in the global
Mobile transactions in Zimbabwe rose by 5.07 per cent in April to US$360.67 million from US$343.26 million in March, according to the latest figures released by the Reserve Bank of Zimbabwe (RBZ). The country in March recorded a 22 per cent increase in mobile and internet-based transactions, rising from US$281.56 million in February. The latest
In an effort to reward its most loyal customers, Econet this week introduced a loyalty program, the Econet Platinum Card. Under the program, holders of the loyalty card will get preferential access to some Econet services, Econet shops and the call centre. The members will also get exclusive access to some packages from partner companies
The FNB Banking App has published its latest version to App stores and it is packed with new features, a new look and feel, account opening, personalised customer offers and inward SWIFT payments from abroad. The refreshed look and feel makes the App visually more appealing, and more importantly, even easier to use. The FNB
MTN South Africa has announced the Mobile Money Visa card is currently available from Pick n Pay and Boxer stores as of 17 June 2014, as it further enhances its mobile financial services. MTN has positioned itself as a leader in providing financial services that drive economic inclusion by merging technology into everyday life and
Mobile payment leader Bango has announced continued momentum in 2014, confirming its growing influence as the global platform that connects app stores with Direct Operator Billing (DOB). Since the beginning of 2014, Bango has launched additional DOB for app store partners with Saudi Telecom and Mobily in Saudi Arabia, Mobinil in Egypt, Telkom in South
Capitec Bank, South Africa’s fastest growing retail bank for individuals, has announced the launch of its remote banking app. A key difference when comparing the app to other banking apps is that it can be accessed on both feature phone and smart phone. The Capitec Bank app also uniquely offers security via the phone and
Like all other services on the market – ZimSwitch’s Vpayments, Pay4App, PesaPal, FloCash – at the core, Paynow enables anyone with a website or app to start receiving payments online from major credit cards as well as, for some at least, local bank cards and local mobile money wallets. So yes, Paynow comes to a
Mobile money has redefined financial services locally and every serious service provider in the industry has tried to get in on the action. Local banks were relatively late adopters of m-commerce but despite this some of these institutions have managed to make remarkable progress even in the face of steam rolling competition from the likes
